Author: NBTC

The FTX Recovery Trust just announced another round of payments to creditors, this time worth approximately $900 million. Distributions will begin on July 31, 2026, marking yet another chapter in what has become the most consequential bankruptcy proceeding in crypto history. The record date for this distribution is June 16, 2026, meaning claimholders need to have their ducks in a row by then to be eligible. This round also includes a first: preferred equity holders will receive payments, expanding the circle of people finally getting something back from the wreckage Sam Bankman-Fried left behind. The numbers keep getting bigger Cumulative…

Fortitude Mining Holdings, the Zcash ($ZEC) mining platform owned by Barry Silbert’s Digital Currency Group (DCG), has disclosed a set of disappointing financials that reveal tons of debt, years of losses, and $ZEC as a minority of revenue. The disclosure, which also reveals a highly adjusted EBITDA that disregards $32 million of depreciation, paints a very different picture to a pitch deck published by Fortitude last month. The deck, which is listed on the company’s website, proudly claims that as of a conveniently selected period of the 2025 fiscal year, Fortitude was debt-free. However, compelled by SEC rules to disclose…

Strive has purchased 759 Bitcoin for roughly $50 million, recording its largest weekly acquisition in months and surpassing Strategy’s latest $BTC purchase. According to a June 22 Form 8-K filed with the U.S. Securities and Exchange Commission, the Dallas-based Bitcoin treasury company acquired the coins between June 15 and June 21 at an average price of about $65,850 per Bitcoin, including fees and expenses. The transaction lifted Strive’s total holdings to 19,864 $BTC. At the reported purchase price, the acquisition was worth approximately $50 million. The buying spree represented a sharp increase from the company’s previous two weekly disclosures, which…

CertiK has brought attention to several challenges facing the Certik Chain, which may affect Ethereum’s broader ecosystem. The analysis focuses on issues that need resolution to ensure the project’s success and sustainability. As Ethereum continues to evolve, understanding these challenges is crucial for investors and developers alike. For further details, visit the original tweet. Inside the Move The current landscape for Ethereum is intertwined with developments in the Certik Chain, as both operate within the same blockchain ecosystem. CertiK’s recent analysis highlights several concerns that could hinder the growth and stability of Certik Chain, thereby affecting Ethereum’s market dynamics. While…

Though it left Elon Musk and other Tesla (NASDAQ: TSLA) stockholders poorer, TSLA shares’ latest plunge proved highly beneficial for one of the most prominent bears and contrarians in finance: the legendary ‘Big Short’ trader Michael Burry. Specifically, the famous short trader revealed on Tuesday, June 30, that he made a bet against the electric vehicle (EV) company while it was trading at $416.22. At press time on Friday, July 24, Tesla stock is changing hands at $319.69 after a 16.16% weekly drop and a 14.52% plummet following the July 22 earnings report. Overall, the EV maker is down 23.19%…

Digital asset treasury companies have come under fresh pressure as the crypto market slump has pushed major bitcoin, ether, and Solana holders into large unrealized losses. Artemis data shows that Hyperliquid-focused treasury firms are the only major group still holding meaningful paper gains, even after $HYPE pulled back from its record high above $74 earlier this week. The contrast has become sharper in the first half of 2026, as several public companies that copied the crypto treasury model now face deep losses on their token positions. Companies built around bitcoin, ether, and Solana reserves are carrying billions of dollars in…

One Year Later, the CLARITY Act Remains Unfinished One year after the House passed the CLARITY Act, the central question is whether bipartisan support can produce a durable digital asset framework before another year of uncertainty passes. Senate passage could establish clearer rules, strengthen consumer protections, and give financial institutions greater confidence to participate. Continued delay could leave exchanges, developers, and investors facing unresolved questions over asset classification, registration, and federal oversight. House lawmakers marked the anniversary with a July 17 hearing at Federal Hall National Memorial in New York City titled “Building the Future of Finance: How the CLARITY…

Shiba Inu has seen its exchange activity slow significantly as investors appear to be taking caution again amid the broader crypto market downturn. While the market has suddenly flipped negative, data provided by crypto analytics platform CryptoQuant shows a decline in the $SHIB exchange netflow over the last day. Shiba Inu enters bear zone The data shows that the Shiba Inu exchange netflow has declined modestly by about 3% over the last day, sitting at 38,631,500,000 $SHIB as of the time of writing. This suggests a rise in selling pressure as the current exchange netflow metric shows that traders have…

Core Scientific, starting in 2024, handed Jack Dorsey’s Block at least $67.9 million for $BTC mining chips. It then booked a $41.9 million loss for the right to stop buying them. The data center operator paid Block $10 million in July 2024, another $21.3 million in January 2025, and a final $36.6 million in January 2026. However, a new quarterly report published today says Core has “entered into a termination and settlement agreement with Block, Inc. and Proto Global LLC to terminate our existing contract and all future delivery obligations of mining equipment thereunder, resulting in a loss of $41.9…

Bitcoin and cryptocurrencies have risen in the last 24 hours as hopes for a US-Iran deal increase. However, this rise does not signal a bottom for $BTC. According to CryptoQuant analysts, the data indicates that the bear market in Bitcoin is not yet over. According to CryptoQuant analyst Gaah, the cycle momentum indicators in Bitcoin have failed to return to the neutral zone. Therefore, any signal of a trend reversal in $BTC has not been confirmed. “The Bitcoin Cycle Momentum chart shows that the bear market is not over yet.” The Bitcoin Cycle Momentum indicator did not rise above the…